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June 08, 2026
The National Credit Union Administration moved Monday to shield federal credit unions from state-level efforts to limit swipe fees, issuing a fast-tracked rule that escalates national regulatory pushback against the Illinois Interchange Fee Prohibition Act.
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June 08, 2026
The Federal Communications Commission plans to propose telling states and municipalities that they have four months to act on applications before it will presume they've "effectively prohibited the provision of wireline telecommunications services," as part of a push to reduce what it perceives as barriers to broadband deployment.
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June 08, 2026
The Sixth Circuit ruled Monday that investors who gave millions of dollars to a man who lost their money before taking his own life cannot sue PNC or a bank employee, and the court held the plaintiffs improperly added the employee to their case to have it heard in state court.
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June 08, 2026
Mobile game company Papaya Gaming Ltd. has asked a Manhattan federal judge to deny rival Skillz Platform Inc.'s request for a $420 million jury verdict based on false advertising claims to be boosted to $1.4 billion, saying the amount is unprecedented and far greater than Papaya's profits over the entire period relevant to the case.
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June 08, 2026
CenturyLink might be in hot water with the Federal Communications Commission after taking more than a year to file the requisite paperwork with the agency following an outage in Washington state caused by copper theft.
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June 08, 2026
Retailers are worried about the effect of a Federal Communications Commission effort to clamp down on foreign-made routers sold to consumers, saying the agency needs to better define the range of products covered by the new restrictions, which are aimed at reducing device security risks.
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June 08, 2026
Residents in Royal Oak, Michigan, can seek financial restitution from their local drainage district for what the residents claim is almost a decade of overcharges for sewage treatment and disposal, a Michigan state appeals court has affirmed.
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June 08, 2026
New York is suing online arbitration platform Mediation and Civil Arbitration Inc. and its two founders, alleging the company fraudulently presents itself as a neutral arbitration forum while, in reality, it is "in cahoots" with a merchant cash advance company and hands out unfair arbitration judgments against small businesses.
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June 08, 2026
AT&T continues to press the Federal Communications Commission to declare that agency policy favoring the phaseout of copper wire networks should supersede California rules that make them harder to remove.
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June 08, 2026
The Federal Circuit on Monday upheld a Delaware federal court's decision that deemed invalid a Purdue Pharma patent covering an abuse-deterrent version of the opioid OxyContin, rebuffing the company's arguments that the lower court got its obviousness analysis wrong.
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June 08, 2026
Axos Clearing LLC owes more than $40.7 million to more than 100 claimants for allegedly turning a blind eye as the brokerage firm Worden Capital Management LLC used the claimants' accounts as personal slush funds, following Worden Capital's expulsion by the Financial Industry Regulatory Authority.
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June 08, 2026
A California federal judge has said Joby Aviation can forge ahead with a pared-down lawsuit alleging rival electric air taxi developer Archer Aviation misappropriated its trade secrets, but has tossed Archer's "shotgun pleadings" counterclaims alleging Joby misclassified imports to evade tariffs and concealed its China ties.
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June 08, 2026
Roblox Corp., its CEO and its CFO were hit Monday with a proposed class action alleging that the company's "bullish" statements about its growth following the rollout of age-checking systems misled investors, leading to a nearly 20% drop in stock value after the truth came out.
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June 08, 2026
The Connecticut state attorney general on Sunday objected to a state judge's request for advice from a Wiggin and Dana LLP attorney on how to handle the state's $7.7 million suit against a Florida-based "ghost gun" supplier, saying the lawyer is involved in other claims against the state that pose a conflict.
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June 08, 2026
More than 200 crypto firms and industry groups are urging Senate leaders to set a full vote for the crypto market structure bill the Clarity Act.
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June 08, 2026
Duke Energy Ohio Inc. can raise natural gas distribution rates to offset roughly $29 million tied to the retirement of man-made underground propane storage caverns used since the late 1950s to supply customers during spikes in demand, the Ohio Supreme Court has ruled.
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June 08, 2026
Subprime auto lender Credit Acceptance Corp. and New York's attorney general are closer to settling the rest of an enforcement lawsuit the Consumer Financial Protection Bureau dropped out of last year, according to New York federal court filings.
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June 08, 2026
An Illinois federal judge has enjoined a Chicago-area extended auto warranty service's rival from violating trademark and competition laws in a dispute over its allegedly deceptive customer calls and web impersonation, saying the company is likely to prove the conduct was illegal.
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June 08, 2026
American Airlines Inc. is urging a Texas federal court to dismiss a suit from a couple alleging it wrongly had them arrested and put on a no-fly list, saying their claims are largely unsupported by facts, self-contradictory, or not causes of action under Texas law.
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June 08, 2026
The New York Attorney General's Office is among state enforcers preparing to file a lawsuit challenging Paramount Skydance Corp.'s $110 billion deal for Warner Bros. Discovery Inc., the office confirmed to Law360 Monday.
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June 08, 2026
New Jersey financial regulators said Monday that the state's annual examination of investment adviser business practices this year will take a hard look at how artificial intelligence is used in the construction of investment portfolios or recommendations to clients.
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June 08, 2026
An advertising industry self-regulatory body said Monday that it's referring Kalshi Inc. to regulators "for review and possible enforcement action" after the prediction market platform allegedly declined to answer an inquiry into whether it took steps to ensure its online promoters disclosed their ties to the firm when boosting it on social media.
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June 08, 2026
Two Florida men used their "hard-money" commercial real estate finance company to steal millions, prosecutors told a Manhattan federal jury Monday, calling their operation a scam designed to reap upfront fees before the defendants put up "roadblocks" to kill transactions.
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June 08, 2026
A New York state lawmaker has introduced legislation banning any cannabis product that could be confused with a non-cannabis product.
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June 08, 2026
FTX founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has asked President Donald Trump to pardon him for defrauding customers who placed billions of dollars with the fallen cryptocurrency exchange, according to the U.S. Department of Justice's Office of the Pardon Attorney.